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Forex Trend Analysis Report

Prepared for you on Friday, April 20, 2018.

Jordanian Dinar/Norwegian Krone (FOREX:JODNOK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_JODNOK
Open High Low JODNOK Price Change
10.98210 11.05115 10.97605 11.02540 +0.04330
Entry Signal

MarketClub’s Trade Triangles for JODNOK

long term down The long term trend has been DOWN since Jan 17th, 2018 at 11.08615

intermediate term up The intermediate term trend has been UP since Mar 29th, 2018 at 11.07945

short term up The short term trend has been UP since Apr 20th, 2018 at 10.98055

Smart Scan Analysis for JODNOK

Based on a pre-defined weighted trend formula for chart analysis, JODNOK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for JODNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.98210 11.05115 10.97605 11.02540 +0.04330
Prev. Close Volume Bid Ask Time
10.98210 10.98230 11.06850 2018-04-20 13:55:42
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